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Maersk parterning with 6 companies to source at least 730,000 tpy of green methanol by end of 2025

Green Car Congress

To boost the global production capacity of green methanol, A.P. European Energy is a global renewable energy company and project developer (wind, solar and Power to X). It develops, builds, and operates renewable electricity projects globally with a pipeline consisting of 20 GW renewable energy capacity. Orsted (Denmark).

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Volkswagen picks up pace of transformation with new ACCELERATE strategy

Green Car Congress

In 2016, Volkswagen kicked off its far-reaching transformation and the industry’s biggest electric offensive with the TRANSFORM 2025+ strategy. To be able to finance the sizable future investments, the company will systematically work on increasing its efficiency with ACCELERATE. —Ralf Brandstätter, CEO of Volkswagen.

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GM 5-year growth strategy for China; 10 New Energy Vehicles in the coming mix

Green Car Congress

Last year, China accounted for more than one-third of the company’s global deliveries. The China market will also benefit from GM’s global initiatives to accelerate the refreshing of its portfolio. GM announced last July that it will invest $5 billion over the coming years in a family of vehicles for global growth markets.

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Broad-Ocean Motor in strategic collaboration with Ballard; $28.3M investment, 9.9% ownership; initial order for 10,000 fuel cell vehicles

Green Car Congress

Founded in 1994, Broad-Ocean is a global manufacturer of motors that power small and specialized electric machinery for electric vehicles (EVs), including buses, commercial vehicles and passenger vehicles, and for heating, ventilation and air conditioning (HVAC). Zhongshan Broad-Ocean Motor Co., of the company following the transaction.

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Geely raises $400M via Green Bonds sale to develop and produce TX5 range-extended electric London taxis

Green Car Congress

China’s Zhejiang Geely Holding Group (ZGH) has raised $400 million through the first Green Bond sale on the offshore market from a Chinese automobile company to support the design, development and production of range-extended electric vehicles by its UK subsidiary, the LondonTaxi Company (LTC), manufacturer of the iconic London Black Cab.

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Roskill: record cobalt deals in Q1 2018 show raw material procurement for Li-ion batteries revving up

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At least 12 recorded lithium and six cobalt transactions have been closed between downstream manufacturers and mining companies since 2016, signalling a changing trend in procurement strategy. The year 2017 saw deals between Great Wall and Pilbara Minerals, and Ganfeng Lithium’s US$172-million financing of Lithium Americas.

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A123 Systems and Wanxiang execute definitive agreements for investment of up to $465M in A123

Green Car Congress

A123 Systems expects the full investment from Wanxiang will provide it with the capital necessary to strengthen its competitive position in the global vehicle electrification and grid energy storage markets. Further, Wanxiang has demonstrated its commitment to partnering with and investing in U.S. — David Vieau, CEO of A123.

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